BRISCOE "E"

Operated by SM ENERGY COMPANY (P-5 788997) in the GOLD RIVER, NORTH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225134District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$645 k
Jan 2007 – Aug 2014
Value, last 12 filed months
$716
at the published price for each month
Months reported
92
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 830 leases and 840 wells, and the rule below applies to all of them.

Discovered
1978-10-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-10-25.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-04-23174276
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition278 bbl$22,140
GasProduction87,008 Mcf$622,606
Total$644,746

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.0179, -99.9829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01795, -99.98286 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,690 ft
1 wells filed one
Completion to plug
7.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 4,690 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479390012234,690 ftJan 2007Aug 2014Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (92)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

92 months

Aug 201404289.394.04$169
Jul 2014011196.564.18$464
Jun 20140198.164.74$5
May 20140194.734.73$5
Apr 20140295.944.81$10
Mar 20140295.895.06$10
Feb 20140297.406.19$12
Jan 20140290.404.86$10
Dec 20130291.824.35$9
Nov 20130288.853.74$7
Oct 20130297.423.78$8
Sep 201302104.113.72$7
Aug 201305104.253.52$18
Jul 201306102.523.72$22
Jun 20130694.403.93$24
May 20130794.834.15$29
Apr 20130793.964.28$30
Mar 20130793.623.91$27
Feb 20130291.233.42$7
Jan 20131091.603.42$92
Dec 20124086.773.42$347
Nov 20120286.953.62$7
Oct 20120289.383.40$7
Sep 201206294.672.92$181
Aug 2012014892.662.91$430
Jul 2012115685.133.02$556
Jun 2012015079.822.52$378
May 2012116191.612.49$492
Apr 20121177101.652.00$455
Mar 20121198105.052.22$545
Feb 20121170101.102.57$538
Jan 2012117098.092.73$563
Dec 2011120796.873.24$768
Nov 2011023895.723.31$788
Oct 20110084.983.65$0
Sep 201102183.623.99$84
Aug 2011333183.404.15$1,624
Jul 2011268494.144.52$3,278
Jun 2011363292.904.64$3,211
May 2011358198.134.40$2,854
Apr 20114737105.964.33$3,617
Mar 2011439896.364.06$2,000
Feb 2011438985.644.18$1,969
Jan 2011242386.504.59$2,114
Dec 2010542385.734.35$2,268
Nov 2010244580.843.80$1,851
Oct 2010248378.103.51$1,851
Sep 2010345572.633.98$2,029
Aug 2010250173.684.42$2,361
Jul 2010349472.554.74$2,557
Jun 2010261070.364.91$3,136
May 2010254771.124.24$2,459
Apr 2010252981.694.12$2,344
Mar 2010054078.394.39$2,370
Feb 2010248773.585.44$2,798
Jan 2010240674.365.96$2,570
Dec 2009162671.445.48$3,504
Nov 2009349374.593.75$2,073
Oct 2009248672.544.11$2,143
Sep 2009256465.543.06$1,860
Aug 2009259067.423.22$2,034
Jul 2009057461.133.46$1,989
Jun 2009253766.163.90$2,224
May 2009469154.743.93$2,932
Apr 2009250346.773.59$1,898
Mar 2009255742.144.06$2,345
Feb 200901,54932.814.63$7,177
Jan 200931,72535.865.37$9,373
Dec 200851,87537.105.98$11,393
Nov 2008262,45755.496.86$18,299
Oct 200862,93575.246.92$20,767
Sep 200801,971101.767.88$15,526
Aug 200842,499114.228.48$21,656
Jul 200842,466131.0811.39$28,611
Jun 200832,580131.3313.03$34,018
May 2008102,369123.1711.57$28,651
Apr 200852,258110.3110.45$24,159
Mar 2008122,514101.909.66$25,518
Feb 2008152,58992.538.77$24,095
Jan 2008103,46590.388.21$29,337
Dec 200773,34088.337.30$25,007
Nov 2007173,20591.677.29$24,928
Oct 200702,61282.856.92$18,080
Sep 2007222,84175.846.24$19,408
Aug 200752,44569.066.39$15,964
Jul 200743,02170.906.39$19,582
Jun 200753,97662.007.55$30,323
May 200763,59858.747.85$28,583
Apr 200763,51859.617.81$27,816
Mar 200763,21156.927.30$23,788
Feb 200762,94755.108.22$24,543
Jan 200771,25350.306.73$8,781

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Aug 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.39 =         $0
Gas                   42 Mcf  × $  4.04 =       $169

────────────────────────────────────────────────────
Month total                                     $169

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/225134 is the state's own key, not one this site invented.